Cash Impact of the Consumable Item Transfer, Phase 2, FY 1998.

Abstract

Executive Summary Introduction. This audit was requested by the Under Secretary of Defense (Comptroller), Deputy Comptroller (Program and Budget). This report is the third in a series regarding the cash impact of the consumable item transfer (CIT), phase II. In July 1990, The Deputy Secretary of Defense directed the transfer of the management of consumable items from the Military Departments to the Defense Logistics Agency (DLA). The transfer process was separated into two phases. The CIT, phase I, was completed in November 1995, and phase II was scheduled for completion in FY 1998. In November 1995, the Military Departments threatened to stop the phase II transfer unless DLA agreed to reimburse the Military Departments' supply management business areas of their Defense Working Capital fund to compensate the Military Departments for the estimated lost sales revenue from phase II items. As a result, the Deputy Comptroller issued Program Budget Decision No. 425 in December 1996, which showed the potential cash impacts for the Military Departments' supply management business areas of the Defense Working Capital fund for FYs 1996 and 1997. For FY 1996, Inspector General, DoD, Report No. 97-106, "Consumable Item Transfer, Phase II, Cash Imbalance Issue," March 5, 1997, reported the reimbursements to the Military Departments at $66.5 million. For FY 1997, Inspector General, DoD, Report No. 98-071, "Cash Impact of the Consumable Item Transfer, Phase II, FY 1997," February 11, 1998, reported the reimbursements to the Military Departments at $229.1 million.

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Document Details

Document Type
Technical Report
Publication Date
Jan 27, 1999
Accession Number
ADA367497

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Commerce
  • Department Of Defense
  • Financial Management
  • Governments
  • Information Exchange
  • Inventory
  • Inventory Control
  • Logistics
  • Marine Corps
  • Money
  • National Security
  • Navy
  • Security
  • Standards
  • United States

Readers

  • Defense Financial Management and Audit.
  • Logistics and Supply Chain Management.
  • Software Engineering